automaker

General Motors has named Mary Barra — an employee of the automaker for 33 years — as their newest CEO. Barra, 51, will be the company’s first female CEO and the first ever female CEO across the Detroit auto industry. Judy Woodruff talks to Micheline Maynard of Forbes for more on new auto executive. Continue reading →

The CEO of General Motors, Frederick “Fritz” Henderson, has resigned, the automaker announced Tuesday. He has been replaced on a temporary basis by Ed Whitacre, chairman of the board of the troubled automaker. Continue reading →

Ford Motor Co., the only U.S. automaker to avoid bankruptcy this year, posted a surprise $997 million profit in the third quarter and said it expects 2011 to be “solidly profitable.” The report sent Ford’s shares up 8.3 percent in premarket trading. Continue reading →

General Motors Corp. CEO Fritz Henderson announced Friday that the company emerged from bankruptcy and now begins the task of remaking the struggling American carmaker that was once the world’s largest and most powerful. Continue reading →

In other news, markets rose on positive reports from the manufacturing and housing sectors. Also, in auto news Ford reported its best showing in months but Chrysler and GM each posted a greater than 30 percent loss. Continue reading →

Chrysler finalized the sale of its assets to Italian automaker Fiat Wednesday after the Supreme Court cleared the way for the deal. Analysts examine the future for the newly merged company. Continue reading →

In a one-sentence order late Monday, the Supreme Court granted a request to delay the sale of bankrupt automaker Chrysler to a group led by Italian carmaker Fiat SpA. Marcia Coyle of the National Law Journal recaps the court’s move on Chrysler and other key decisions. Continue reading →

The political stakes are high for the Obama administration in guiding General Motors into bankruptcy — and allowing the government to take a majority stake in the company. Analysts examine the political and economic implications of the decisions. Continue reading →